CAVALIERS IN NEED
FINANCIAL sfATEMENTS
FOR THE YEAR ENDED
31 AUGusf 2024
Charity Number- 102896

CA VALIERS IIV NEED
FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
CONTENTS
Page
Contents
Officers
Trustee's Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts
Page 1

CA VALIERS IIV NEED
FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
OFFICERS
COMMIThEE
CHAIRPERSON
Mrs C Southwell
SECRETAR Y
Mrs G E)ewart
TREASURER
Mrs G Hobson
TRUSTEES
Ms R Aiken
Ms L Hendron
Mrs C Southwell
Mrs W Curtis
Mr5 G Hobson
Mrs A Sproule
INDEPENDEMf EXAMINER
Minshull & Co
Chartered Accountants
19 Crescent Business Park
LISBURN
BT28 2GN
BANKERS
Ulster Bank
Moira Office
49 Nain Street
Moira
CRAIGAVON
BT67 OLQ
HEAD OFFICE
68 Silvervjood Leaves
Lurgan
CRAIGAVON
BT66 6LB
Page 2

CAVALIERS IN NEED
FINANCIAL STA TEMENTS FOR THE YEAR EPIDED 31 AUGUST 2024
TRUSTEE REPORT
The trustees present their annual ￿port together with the financial statements for the year to 31
August 2024.
AIMS AND OBJECTIVES
Cavaliers in Need was established during 2013 but formally adopted a constitution in August 2015.
Its purposes are specifically to take in, care for. rehabilitate and rehome stray and univanted Cavalier
King Charles Spaniels, Cavalier cross type dogs and any other dogs that may accompany them as
companion dogs.
Thi5 is done via the charity's foster care network and includes the following
to educate the public about purchasing pups from responsible and ethical health testing
breeders;
to educate the public about the many health issues affecting the breed, and provide
information, guidan￿ and advice;
to research Cavalier health so s to remain up to date and impart further knDwledge.
APPLICATION OF INCOME AND PROPERTY
The property of the charity must be applied for purposes in accordance with section 2 of the Charities
Act (Northern Ireland) 2008.
TRusfEES
The charity and its property must be managed and administered by a committee comprising the officers
and other mcmbers elected in accordance with the constitution. The officers and other members of the
committee are the trustees of the charity and are a stated on page 2.
The charity must have the following officers
Chairperson
Secretary
Treasurer
A trustee must be a member of the charity or the nominated representative of an organi5ation that is a
member of the charity.
The number of trustees must not be less than three and will not be subject to a maximum.
A trustee rnay not appoint anyone to act on his or her behalf at meetings of trustees.
APPOINTMENT AND POWERS OF TRUSTEES
The charity in general meeting must elect the officer5 and the other trustees.
All of the trustees must retire with effett from conclusion of the annual general meeting next after his
or her appointment but are eligible for re-election at that annual general meeting.
The trustees must manage the busienss of the charity and have powers to further the purposes as
mentioned above.
Page 3

CA VALIERS IN NEED
FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
TRUSTEE REPORT
(continued)
MEMBERSHIP
Membership is open to individuals over eighteen years of age or organisations that are approved by the
trustees.
The trustees may only refuse an application for membership if. acting reasonably and properly, they consider
it to be in the best interests of the charily to refuse the application. The applicant must be informed in
writing within twenty one days of the decision.
Membership is not transferable to anyone else.
The trustees must keep a register of name5 and addre55es of the members which must be made available
to any member on request.
Membership is terminated if
the member dies or if an organisation ceases to exist;
the member resigns by written notice unless there would be less than two members after the
resignation;
any sum due from the member to the charity is not paid in full within six months of it falling
due-
the rnember is removed from membership by a re501ution of the trustees that it 15 in the best
interests of the charity that his or her membership is terminated.
RESULTS
The Net Incoming Resources for the year arnounted to
£4,623 (2023:
£18,715 )
FINANCIAL REVIEW AND RESERVES POLICY
Funds were generated during the year from donations and collections of £32,902, rehoming fees
of £129,358 and £4,500 grants. The main expenses incurred In carrying out the charity's attivities
were the retrieving dogs, £50,172, and veterinary fees amounting to £117,777.
Reserves at 31 August 2024 were
£72,322 most of which are readily available funds covering many
years. running costs. Cavaliers is entirely volunteer led so there are no wage costs. Currently the
core costs are funded by the surplus of ifjcome raised over the direct costs, mainly professional costs of
veterinarian fees. Expenditure 15 to further the charity'5 objective5 of dog rescue and therefore most
expense is directly for the charitable purposes during the year.
General funds are unrestricted funds which are available for use at the discretion of the trustees in
furtherance of the general objectives of the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular
purp05e5. The aim and use OF each designated fund 15 set out in the note5 to the financial statements if
identified as such.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the charity for particular purposes. The cost of raising and
administering such fund5 are charged against the specific fund.
Page 4

Page 5

CA VALIERS IN IVEED
FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
TRUSTEE REPORT
(continued)
ACTIvrrY DURING THE YEAR
The cost of living crisis impacted the number of dog5 coming into our foster care from family surrenders
and also as breeders continued to down-size. We took into our care and rehomed significant numbers
of dogs this year and this put significant stress on our operations.
When resources allowed we continued to support a small number of foreign dogs e.g.Turkey where they
were impacted by the earthquake.
IMPACT OF COVID-19
There is no significant ongoing effect from COVID 19.
GOING CONCERN
The trustees, having considered the charity's income strcams and reserves, are content that these are
sufficient to weather any short-term issues over the next 12-18 months and that the going concern
basis is appropriate.
FUTURE PLANS
The charity's current fundlng is stable and our focus remains on managing our veterinary costs tightly.
We intend to continue on this basis iri the near future and to focus on generating flsnds to ensure OLJr
costs are Covered in the future.
RELATED PARTIES
The charity carries out no transactions with any related party.
TAX STATUS
The Inland Revenue has accepted that Cavaliers in Need is a charity and registered it as such under
the ￿ference XN /9682. The charity is registered with the Charity Commission for Northern Ireland.
INDEPENDENT EXAMINER
The independent examiner, Donald R Minshull FCA of Messrs Minshull & Company, Chartered Accountants
and Statutory Auditor, offers hlmself for re-appointment as independent examiner.
BY ORDER OF THE COMMITTEE
Chairperson
Date
13 December 2024
Page 6

INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF
CAVALIERS IN NEED
We have examined the financial statements, on pages 7 to 12, which comprise the Stateitbent of Financial
Activitie5. Balance Sheet and related notes of Cavaliers In Need for the year ended 31 August 2024.
The financial reporting framework that has been applied in their preparation is applicable law and
Charltle5 SORP (FRS 102) and the accounting policies set out thereln.
Respective responsibilities of trustees and examiner
The charity's tnJ5tees are responsible for the preparation of accounts. The charity's tnjstees consider thot an
udit is not required for thi5 year under section 65 of the Charitie5 Act (Northern Ireland) 2008 and that an
independent examination is needed.
It is my responsibility to
examine the accounts under section 65 of the Charities Act
follow procedures laid down in the general directions given by the Charity Commission for Northern Ireland
under Section 65(9){bJ of the Charities Act
state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with general directions given by the Charity Commission for Nl,
as required under section 65(9)(b) of the Charities Act (Northern Ireland) 2008.
An exarnination includes a review of the accounting records kept by the charity and a compari50n of the accounts
presented with those records. It also Includes consideration of any unusual Items or disclosures in the aCCDunts,
and seeking explanations from the trustees concerning any such matter5. The procedures undertaken do not
pmvide all the evidence that w'ould be required in an audit. and consequently no opinion is given as to vihether the
accounts present a 'true and fair, view and the report is limited to those matters Set out in the statement below.
My role is to state whether any material matters have corne to my attention giving me cause to believe.
l. That accounting records were not kept in accordance with Section 63 of the Charities Act
2. The the accoLJnts do not accord with those accounting records
3. That the accounts do not comply vlith the accounting requirements of the Charitie5 Act
4. That there is further information needed for a proper understanding of the accounts to be reached.
Independent examiner's Statement
I have completed my examination and have no concerns in respect of the matters l. to 4. Ilsted above and,
in connection with following the Direction5 of the Charity Commission for Northem Ireland, I have found no
matters that require draK'ing to your attention.
D R Minshull FCA - Independent Examiner
Minshull & Co, Statutory Auditor
Date
13 December 2024
Page 7

CA VALIERS IIV NEED
FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024
2024
2023
INCOMING RESOURCES
Note
Unrestricted Grants and Donations
Rehoming Fees
Restricted Fund Grants and Fees
Fundraising
Sundry Income
32.903
129.358
4.500
15,781
1.335
32.265
154.076
4, 750
794
183,877
191,885
RESOURCES EXPENDED
EXPENDITURE ON CHARITABLE ACTIVITIES
Retrieval of Dogs & Transport Costs
Food and Supplies
Fundraising Costs
Veterinary Treatments
Travel & Subsistence Costs
Motor Expenses
Restricted Fund Activities
Veterinary and Medical Expenses
Retrieval of Dogs & Transport Costs
48,672
6.274
316
114,777
1,759
4,593
37,985
4,694
95.691
2,737
5,089
3,000
1.500
16,708
3,000
Total
(180,891)
(165,906)
Total Income less Direct Charitable Expenditure
2.986
25,979
GOVERNANCE AND SUPPORT COSTS
Insurance
Equipment Repairs and Leasing
Postage, Stationery and OfFice Supplies
Advertising and Website Expenses
Depreciation
Bank Charges
Sundry Expenses
2,888
2.869
290
363
115
1,894
677
66
2,716
735
139
GOVERNANCE EXPENSES
Legal and Professional fees
Accountancy & Examination Fees
320
745
179
870
Total
(7,608}
(7,265)
BANK INTEREST RECEIVABLE
Net Income(Expenditure) for the Year
(4.623)
18,715
Total Funds Brought Forward at I September 2023
76,943
58,229
Total Funds Carried Forward at 31 ALJgust 2024
72.322
76, 943
The notes on pages 9 to 12 fomi part of these accounts
Page 8

CA VALIERS IN NEED
FIIVANCIAL STA TEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
BALANCE SHEET AS AT 31 AUGUST 2024
Note
2024
2023
Fixed Assets
3.674
6,390
Current Assets
80,690
85,248
Current Liabilities f4ffrtiunts lalhrjg one year)
5 (12,243)
(14,694)
Net Current Assets
68,648
70,553
Net Assets
72,322
76,943
FUNDS
Unrestricted Funds
72,322
76,943
Restricted Funds
6&7
Balance at 31 August 2024
72,322
76,943
Approved, and authorised for issue. by the Trustees on the date below and signed on its behalf by
,.uyILU
Chairperson
Date
13 December 2024
Tre
rer
Secretary
The notes on pages 9 to 12 form part of these accounts
Page 9

CA VALIERS IN NEED
FINANCIAL STA fEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
NOTES TO THE FINANCIAL STATEMENTS
I. ACCOUNTING POLICIES
The following accounting policies have been used consistently in dealing with items which are considered
material in relation to the charity'5 Financial statements.
(a)
Basis of Preparation
The financial statements have been prepared in accordance with Accounting and Reporknng by Charities: Statement
of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102 Section la)
(Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland.
The charity meets the definition of a public benefi't entity under FRS 102. A55ets and liabilities are initially
recognised at historical c05t or transacton value unless otherwise stated In the relevant accounting pollcy note.
(b)
Reconciliation With Previous Generally Accepted Accounting Practice
In preparing the accounts, the trustees have decided that in applylng tne accounting pollcies required by
FRS 102 Section l{a) and the Charities SORP FRS 102 no restatement of comparative items was required.
(c)
Preparation or the Accounts on a Going Concern Basis
The charity reported
-£4,622 cash inflow for the year and the trustee5 have fom)ulated a strategy thal
will secure the immediate fvture of the charity ft)r the next 12 to 18 months and on that basis the charity is
going concern.
{d)
Income
Income is recognised when the company has entitlement to the fund5, any performance conditions have been rnet,
it is probable that the income will be received and the amount can ba measured reliably.
Income from government and other grants. of a revenue nature. is recognised when the company has entitlement to
the funds, any performonce conditions attached to the grants have been met, it 15 pru)bable that thc income will be
received and the amount can be measured reliably and is not repayable to the funder.
Capital grants are amortised in line with the depreciation of the associated assets, the purchase of which has been,
funded by said grants.
(e)
Donated Services and Facilities
Donated professional services and donated facilities are recognised as income when the company has control over
the item, any conditions associated with the donated item have been rnet. the receipt Df economic benefit from the
use of the item by the charity is probable and the economic benefit can be measured reliably. In accordance with
the Charties SORP (FRS 102) general volunteer time is not recognised.
On receipt, donated proFe55iollal setwices and donated facilitie5 are recognised on the basis of the value of the gift
to the charity whlch Is the amount the charity would have been willing to pay to obtain services or facllltles of
equivalent economic benefit on the open market; a corresponding amount is then recogni5ed in expenditure in the
period of receipt.
(o
Interest Receivable
Interest on funds held on deposit is included when receivable and the amount can bemeasured reliably by the
companyi. normally upon notification of the Interest paid or payable by the flnanaal Institutlon.
Page 10

CA VALIERS IIV IVEED
FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
NOTES TO THE FINANCIAL STATEMENTS
(continued)
Ig)
Fund Accounting
Unrestricted funds are availabSe to spend on activities that fijrther any of the purpoes of the company. Designated
funds are unrestricted funds of the charity that the directors have decided at their discretlDn to set aside to use
for a speclfic purpose. Restricted funds are donations which the donor has specified are to be solely used for
particular areas of the company's work.
(h)
Expenditure and Irrecoverable Value Added Tax
Expendlture 15 recognised once there 15 a legal or constructive obligation to make a payment to a third party, it
15 probable that settlement will be requireed and the amount of the obligationcan be measured reliably.
Expenditure is classified under the following activity headings..
Costs OF raising funds comprise the costs of commercial trading
expenditure on charitable activities includes the costs of activities undertaken to further the
purposes of the company
governance and support Costs include all other costs
Irrecoverable Value Added Tax is charged a5 a cost against the activity for which the expenditure was incurred.
Support Costs
Support Costs are disclosed separately in the Statement of Financial Activitie5.
(i)
Tangible Fixed Assets and depreciation
Tangible fixed assets costing £200 or more are stated in the accounts at original cost le55 depreciation in order
to write off the cost of fixed assets, over their estr"mated useful Sives, using the following annual rate
Vehides and Equipment
25¥0 straight line
(k)
Debtors
Debtors and accNed income are recognised at the settlement amount due after any discount offered. Prepayments
are valued at the amount prepaid.
(i)
Cash at Bank and in Hand
Cash at bank and cash in hand includes cash and short term highly liquid investments Wlth a short maturity of three
months or less from the date of acqulsition or opening of the deposit or similar account.
(m)
Creditors and Provisions
Creditors an(5 provislons are recognised where the company has a present obligation resulting from a past event
that wlll probably result in the transfer of fund5 to a third party and the amount due to settle the obligation can
be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount
after any discounts.
(n)
Financi311nstruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.
Basic financial instruments are initially recognised at transaction value and subsequently measured at their
settlement value with Ehe exceptlon of bank loans which are subsequently measured at amorti5ed cost using
the effective interest method.
Page11

CA VALIERS IIV NEED
FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
NOTES TO THE FINANCIAL STATEMENTS
(continued)
(o)
Charity status and members liability
The charity is unincorporated. The members include the trustees that are listed on page 2.
2. YEAR'S SURPLUS IS STATED AFfER CHARGING(CREDITING):
2024
2023
Accountancy Fees
Examination Fees
373
373
435
435
3. TANGIBLE FIXED ASSETS
Fixtures &
Equipment
Motor
Vehicles
TOTAL
COST
at I September 2023
Additions
Disposals
1,073
12,330
13.403
31 August 2024
1,073
12.330
13.403
DEPRECIATION
at I September 2023
Charge for the Year
On Disposals
437
250
6,576
2.466
7,013
2,716
31 August 2024
687
9,042
9,729
BALANCE SHEET VALUE
31 August 2024
386
3,288
3,674
4. CURRENT ASSETS
2024
2023
Prepayments and Accrued Income
Cash at Bank and Ln Hand
4,892
75.997
6,447
78,801
80,890
85,247
5. LIABILITIES (Amount5 falling due within one year)
2024
2023
Bank Overdraft
Accruals and Deferred Income
12,243
14,694
12,243
14,694
Page 12

CA VALIERS IN NEED
FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
NOTES TO THE FINANCIAL STATEMENTS
(continued)
6. FUNDS
Unrestrirted
2024
Restricted
2023
2024
2023
Balance at I September 2023
(Deficit)Surplus for the year
76,943
(4,623)
62,994
13,949
Funds at 31 August 2024
72.322
76,943
7. RESTRICTED FUNDS ANALYSIS
At I Sept
2023
Incoming
Resources
Resources At 31 August
Expendedl
2024
Transfers
Funder -
Enkalon
Animal Friends
Great Dane Adoption
Schnauzerfest
1.000
1,000
1,500
1,000
(1,000)
(1.000)
(1,500)
{I,000)
Tota I
4,500
(4,500)
8. TRUSTEES
The trustees received no emoluments or expenses payment5 during the year.
9. EMPLOYEES
Number of employees
There are no persons employed by the charity during the year.
10. RELATED PARTIES
The are no related party transactions to report for the year.
11. PRESENTATION CURRENCY
The presentation currency of these financial statement5 is pounds sterling (£GBP).
Page 13